In 2020, the prices of many traditional assets went up after the pandemic dip. Ranging from enquiries to cryptocurrency to property.
Hermes seems to have the upper hand in terms of handbag investment, especially with their Birkin bags, which are the most difficult bags to get as a first-hand product, requiring you to spend six-seven digits on their store and qualified to be in their VIP list to only be considered and put in a waiting list of three years or more.
For handbags, the mark-up percentage depends on the demand . Generally, markup percentage ranges from 50 per cent to 100 per cent. However, it is not easy to gauge the prices of the resale market if you are not experienced. Therefore if you are just dipping your toes into the market, it is recommended to find a consigner.